JeffCroweCRE
Commercial

1890 N Columbia Street

Milledgeville, GA 31061

Location

1890 N Columbia Street, Milledgeville GA 31061

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List Price$650,000
TypeRetail
Building11,608 SF
Lot0.56 Ac
Building

Improved commercial

11,608 SF building

Retail · Commercial · C · $56 / SF · 0.56 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7698336
Listing Provided By HomeSmart · 678-654-5992
Description

Property Description

Prime commercial opportunity located in Milledgeville, GA. This 11,608 SF retail / automotive service facility sits on 0.56 acres in a well-established commercial corridor anchored by major national retailers. The property features a service garage and warehouse configuration suitable for automotive service, contractor use, or other service-oriented operations. The building requires modernization and is being sold As-Is, creating a compelling value-add opportunity for buyers seeking upside through renovation or repositioning. Larger service-oriented buildings trade at a discount compared to modern retail, allowing investors or owner-users to acquire the asset at an attractive basis below replacement cost. Strong surrounding retail presence and traffic counts support long-term visability.
Tax Advantage

Opportunity Zone Property

Tract 13009970400

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

View all Opportunity Zone properties →IRS Opportunity Zones overview ↗

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1975
Zoning
C
Price / SF
$56
Price / acre
$1,160,714
Days on market
196
Loading
Delivery Door, Overhead Door
Road frontage
120 ft
Owner pays
Other
Taxes
$4,343
Tax year
2025
Opportunity zone
Yes

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Available

  • Electricity
  • Sewer
  • Water

Sewer

  • Public Sewer

Heating

  • Other

Cooling

  • Other

Commercial Analysis

Key metrics and property characteristics

List Price$650,000
Building Size11,608 SF
Price / SF$56
Lot Size0.56 Acres
Price / Acre$1,160,714
ZoningC
Property SubtypeRetail
Year Built1975

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1890 N Columbia Street

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Disclaimer

Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.